TFI International (TFII) Given New C$54.00 Price Target at TD Securities

TFI International (TSE:TFII) had its price target hoisted by TD Securities from C$52.00 to C$54.00 in a report published on Thursday morning, BayStreet.CA reports. The firm currently has a buy rating on the stock.

Several other research analysts have also recently weighed in on TFII. Desjardins upped their price target on shares of TFI International from C$55.00 to C$60.00 and gave the company a buy rating in a report on Thursday. CIBC upped their price target on shares of TFI International from C$43.00 to C$44.00 in a report on Friday, March 1st. National Bank Financial upped their price target on shares of TFI International from C$42.00 to C$46.00 and gave the company a sector perform rating in a report on Monday, March 4th. Finally, Cowen reduced their price target on shares of TFI International from C$55.00 to C$47.00 in a report on Monday, January 14th. Three analysts have rated the stock with a hold rating and three have given a buy rating to the stock. TFI International presently has a consensus rating of Buy and an average price target of C$51.00.

TFI International stock opened at C$44.01 on Thursday. The company has a market capitalization of $3.68 billion and a PE ratio of 13.67. TFI International has a twelve month low of C$33.36 and a twelve month high of C$49.00. The company has a quick ratio of 0.99, a current ratio of 1.08 and a debt-to-equity ratio of 101.26.

The business also recently declared a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Monday, April 15th were issued a $0.24 dividend. This represents a $0.96 annualized dividend and a dividend yield of 2.18%. The ex-dividend date of this dividend was Thursday, March 28th. This is a boost from TFI International’s previous quarterly dividend of $0.21. TFI International’s dividend payout ratio is 27.02%.

In other news, Director Alain Bédard sold 4,300 shares of the business’s stock in a transaction on Wednesday, March 27th. The shares were sold at an average price of C$40.00, for a total value of C$172,000.00. Following the sale, the director now owns 4,056,668 shares of the company’s stock, valued at C$162,266,720. In the last three months, insiders sold 194,300 shares of company stock worth $7,896,600.

TFI International Company Profile

TFI International Inc, together with its subsidiaries, provides transportation and logistics services in the United States, Canada, and Mexico. The company operates through Package and Courier, Less-Than-Truckload, Truckload, and Logistics and Last Mile segments. The Package and Courier segment engages in the pickup, transport, and delivery of items.

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Analyst Recommendations for TFI International (TSE:TFII)

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